Press Releases
Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email contact our communications staff.
Prudential Financial announces new leader of US insurance and retirement businesses
Prudential Financial, Inc. (NYSE: PRU) has appointed Caroline Feeney as CEO of its U.S. Insurance & Retirement Businesses.
Prudential Financial promotes Alan Sexton to Chief Communications Officer
Sexton joined Prudential in 2018 with more than 20 years of communications and corporate affairs experience.
Prudential Retirement enters funded reinsurance business
NEWARK, N.J., October 30, 2020 — Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), is expanding its global longevity reinsurance business with a new offering driven by explosive growth in the U.K. pension market.
Grammy Museum Experience Prudential Center and Prudential Financial, Inc. announce plans for Whitney Houston mural in Newark’s Central Ward
NEWARK, NJ – OCT. 19, 2020 – GRAMMY Museum ExperienceTM Prudential Center along with proud founding partners, Prudential Financial, Inc., the City of Newark, Lincoln Park Coast Cultural District, Baldwin Equities and Newark Arts, have announced plans regarding a Whitney Houston mosaic mural, which will be located in Newark’s Central Ward. The newest mural installation is the second of five murals planned for the city. Newark-based Artist Maude Lemaire who specializes in beautiful hand-cut glass mosaic murals was selected to create the second installation.
Prudential names company veteran Bryan Pickel head of External Affairs
Bryan Pickel has been named head of External Affairs at Prudential Financial, Inc. (NYSE: PRU) and will now oversee its government affairs activities at the federal, state and international levels.
Scholarship program seeking each U.S. state's top youth volunteers
Through November 10, Prudential Financial and the National Association of Secondary School Principals (NASSP) are calling on youth volunteers to apply for scholarships and national recognition through The Prudential Spirit of Community Awards.
PGIM Real Estate arranges $482M Fannie Mae credit facility for six West Coast multifamily assets
PGIM Real Estate has arranged a $482 million Fannie Mae credit facility collateralized by six multifamily properties located on the West Coast.
PGIM Real Estate acquires 15-building US industrial portfolio for $425 million
On behalf of its U.S. core real estate strategy, PGIM Real Estate has acquired a 4.7 million-square-foot, 15-building industrial portfolio located across eight properties in Atlanta, Dallas, Denver, Fort Worth, and Phoenix, for a total value of $425 million.
PGIM Real Estate arranges $100M refinancing for 52 Broadway in Manhattan’s Financial District
PGIM Real Estate has arranged $100 million 15-year refinancing for 52 Broadway, a 19-story 426,000-square-foot office tower located in Manhattan’s Financial District.
Prudential Retirement closes $1.7 billion in new longevity reinsurance transactions in first half of 2020
Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), has successfully closed $1.7 billion in new longevity reinsurance transactions during the first half of the year, attributing success to pivoting quickly to virtual closings during the COVID-19 global pandemic and a vibrant smaller end of the U.K. pension buy-in and buy-out market.